Approximately 75% of UK adults use online banking and the value of UK website retail-sales is over £300Bn. Key to enabling UK productivity is reducing the growth in online crime. Identity fraud is growing, hundreds of thousands of incidents and billions of pounds of financial losses each year. Total (financial and other) losses borne by the private sectors (banks, retailers, utilities, etc) are estimated at tens of billions of pounds. The biggest societal impact of identity fraud is borne by individual citizens, from financial concerns, worry, lost time etc. The goal of this project is to develop a digital platform, adopted by thousands of banks, loan-providers, financial-service businesses, retailers and others, that allows individuals (via a mobile App) to prevent someone else opening an account in their name. Based upon the high levels of know-how built-up by Cifas over 30 years, we develop and deploy fraud-prevention products across multiple sectors. We enable businesses to work together to beat fraud. Our Partners are two exemplar financial-services businesses. One of UK's most successful new banks, and an exemplar high-growth small financial-services SME. Given the mission to protect individual citizens, associates include leading citizens' organisations.

"Request for Proposal Cyber Security Risk Assessment Summary Focus FS Limited (Focus FS), a start-up technology firm, requests proposals for a Cyber Security Risk Assessment. Focus FS Limited Focus FS began operations in February 2015. Founded by Tom Blomfield, the company plans to build software to provide to banks and financial institutions. In addition, it is seeking authorisation to carry on regulated activities as a bank in the UK. Focus will build and operate a digital current account that allows customers to instantly manage their money via their mobile phones. Focus employs more than 10 employees and is headquartered in London, England. Further information can be found at http://focusfs.co.uk/. Scope of Service Focus FS is looking for vendors who offer the following services: - Assessment of application architecture - Assessment of development processes - Penetration and vulnerability testing -Employee training and incident response process Deliverables Upon completion of the previously mentioned reviews, the vendor shall provide the following: - Written reports on the current processes, areas of risk, mitigation strategies and recommendations - Written reports on penetration and vulnerability testing, areas of risks, mitigation strategies and recommendations Proposal Requirements Focus would like the vendor to provide specific details on how the services requested would be performed. Credential and experience are also requested to show how the objectives of Focus FS will be met. - Pricing: Please include project costs - Availability: Please provide vendor availability - Qualifications: Please outline the credentials and experience - References: Please include details of a similar project performed for a professional client, including contact details "